TLTG: Teltran International, Inc. Message Board

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Microcap & Penny Stocks : TLTG: Teltran International, Inc.

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To: Impeccable who wrote ()	3/24/1999 3:59:00 PM
From: Bravado	Read Replies (1) of 1184

Teltran International Announces Signing of Major VoIP Agreement NEW YORK--(BUSINESS WIRE)--March 24, 1999--Teltran International (OTC BB:TLTG - news) today reported that it has completed negotiations and signed an agreement with a major US telecom carrier to provide international termination of voice, fax and data transmissions using Teltran VoIP Service. The agreement is for one year with automatic renewal. ''We are pleased to be recognized by the international telecom community and look forward to providing the finest VoIP service in the industry,'' said Peter Biagioli, Teltran's Vice President Sales & Marketing. Based on this agreement and other existing agreements, Teltran anticipates revenues in excess of $10 million annually. Byron Lerner, Teltran's President & CEO said, ''With our current contracts and others we have out for signature, it appears that my previous projection of $30 million in revenue with an earnings per share of $.30 will easily be met, if not exceeded.'' Provisioning of the necessary capacity to handle the volume has already begun and live traffic is expected to begin within thirty to forty-five days subject to third party installation both in the US and abroad. About Teltran Licensed by the FCC as a global facilities-based common carrier, Teltran offers a full range of telecommunications and Internet services including Voice over IP, domestic and international long distance, Web Portal and Hosting, fax broadcast services and calling card programs. Disclaimer Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may differ materially from actual future events or results. The future performance of the Company involves risks and uncertainties that could cause actual results to differ markedly from those anticipated by such forward-looking statements. Such risks include but are not limited to the following: a limited operating history for the Company; potential fluctuations in operating results; competition; pricing pressure; dependence on third-party suppliers of hardware and software; shortage of modems; dependence on telecommunications carriers; management of growth; limited market; a need for and risks of international expansion; the existence of a new and uncertain market; customer retention issues; rapid technological change; security risks; the risk of system failure; formal licensing and joint marketing agreements; patents and proprietary rights; infringement claims; changes in government regulation; risks associated with providing content including potential liability; dependence on key personnel and need to hire additional qualified personnel; uncertainty of currency exchange rates; need for additional capital; and enforceability of civil liabilities.

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